Novavax (NVAX) Inventory Average (2022 - 2026)

Novavax (NVAX) recorded quarterly Inventory Average of $11.5 million in Q1 2026, down 8.19% quarter-over-quarter from $12.5 million in Q4 2025, and up 20.99% on a YoY basis from $9.5 million in Q1 2025.

Novavax (NVAX) Inventory Average (2022 - 2026) Analysis & Trends

Novavax's Inventory Average history runs 5 years deep, the most recent figure standing at $11.5 million for Q1 2026.

  • In Q1 2026, Inventory Average rose 20.99% year-over-year to $11.5 million; the TTM figure through Mar 2026 stood at $11.5 million (up 20.99% YoY), while the FY2025 annual figure was $10.1 million, down 59.77% from the prior year.
  • Inventory Average was $11.5 million for Q1 2026 at Novavax, down from $12.5 million in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $181.5 million in Q2 2022 to a low of $8.7 million in Q4 2024.
  • Historically, Inventory Average has averaged $44.1 million across 5 years, with a median of $28.7 million in 2024.
  • The sharpest annual moves came in 2024 and 2025: Inventory Average sank 84.38% in 2024, then soared 44.11% in 2025.
  • A 5-year view of Inventory Average shows it stood at $59.6 million in 2022, then declined by 6.57% to $55.6 million in 2023, then tumbled by 84.38% to $8.7 million in 2024, then jumped by 44.11% to $12.5 million in 2025, then fell by 8.19% to $11.5 million in 2026.
  • The last three Inventory Average figures came in at $11.5 million (Q1 2026), $12.5 million (Q4 2025), and $11.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 30.59 Mn
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 1.73 Bn
9 Abivax 91.96 Bn 91.96 Bn - -
10 Novavax 1.49 Bn 931.98 Mn 108.82 Mn 11.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.50 Mn
Dec 31, 2025 12.53 Mn
Sep 30, 2025 11.88 Mn
Jun 30, 2025 10.25 Mn
Mar 31, 2025 9.51 Mn
Dec 31, 2024 8.69 Mn
Sep 30, 2024 8.91 Mn
Jun 30, 2024 12.48 Mn
Mar 31, 2024 28.74 Mn
Dec 31, 2023 55.64 Mn
Sep 30, 2023 46.54 Mn
Jun 30, 2023 28.84 Mn
Mar 31, 2023 35.43 Mn
Dec 31, 2022 59.56 Mn
Sep 30, 2022 169.37 Mn
Jun 30, 2022 181.47 Mn
Mar 31, 2022 57.76 Mn